Daily News
From Home Furnishing Business
October 30,
2023 by HFBusiness Staff in Business Strategy, Industry 
Third Quarter Highlights for Leggett & Platt
3Q sales of $1.18 billion, a 9% decrease vs 3Q22
3Q EPS of $.39, a decrease of $.13 vs 3Q22; 3Q adjusted1 EPS of $.36, down $.16 vs 3Q22
3Q cash from operations of $144 million, a $78 million increase vs 3Q22
2023 guidance lowered: sales of $4.7–$4.75 billion; EPS of $1.45–$1.55, adjusted1 EPS of $1.35–$1.45
October 30,
2023 by HFBusiness Staff in Business Strategy, Industry
Leading indoor and outdoor furniture brands, Gabby and Summer Classics, are thrilled to announce a partnership with Banko Design, a renowned interior design firm known for its innovative and trend-setting projects. The purpose of this collaboration is to bring forth two remarkable furniture collections, showcasing the fusion of timeless design, innovation, and versatility.
October 29,
2023 by HFBusiness Staff in Business Strategy, Industry
In the past two weeks, Ashley has expanded its international reach into Asia with two new locations in Brunei and India. Ashley has more than 1,125 locations worldwide. Each of the new showrooms feature complete lifestyle vignettes, down to the final detail of lighting, rugs and wall art. Product categories include bedroom, dining room, upholstery, leather, occasional tables, home office, youth bedroom, recliners, mattresses and accessories. Technology enhances the environment, incorporating various elements to improve the customer shopping experience.
October 29,
2023 by HFBusiness Staff in Business Strategy, Industry
XPO, a leading provider of freight transportation in North America, announced today that it has broken ground on a new service center in Lakeland, Florida. This project marks another important milestone in the implementation of the company’s previously announced plan to grow capacity in its North American network with the addition of 900 net new doors nationally by the first quarter of 2024.
October 29,
2023 by HFBusiness Staff in Business Strategy, Industry
Conn's HomePlus, a specialty retailer of home goods with a unique retail and credit business model, is unveiling a new marketing campaign Finance Is Not a Bad Word. The campaign features a five-spot series of digital video ads, and extensions across various mediums including in-store, social media, email marketing and digital audio.
October 29,
2023 by HFBusiness Staff in Business Strategy, Industry
According to the World Economic Forum*, the transportation sector is responsible for 20% of global carbon emissions globally. At the same time the demand for urban last mile delivery is expected to grow by 78% by 2030, leading to 36% more delivery vehicles in the world’s top 100 cities.
October 29,
2023 by HFBusiness Staff in Business Strategy, Industry
Fine Cotton Factory, a leading textiles manufacturer specializing in eco-friendly knits for the North American market in both the home furnishings and apparel industries, is introducing its first knitted top of bed line that incorporates apparel-grade yarns, like spandex, which allow for more stretch and breathability. The products are being introduced to provide enhanced sleep surface performance on specialty sleep mattresses on adjustable bases.